Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot with Mountain Views Title is generated by Realmo AI

    90 Indian Summit Drive, Bolton Landing, NY 12814

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $139,000

    7.7 acre wooded lot with foundation and well.

    Added:
    Jun 1, 2025
    Days on Market:
    356
    Last Refresh:
    Mar 16 at 9:08 am

    Property Features for 90 Indian Summit Drive

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    LINDA L GATEWOOD

    Listing agent LINDA L GATEWOOD

    Listing office COLDWELL BANKER KING GEORGE RE

    Listing date Jun 1, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER KING GEORGE RE

    HighLights

    • Large 7.7‑acre lot in a subdivision, offering ample space and privacy.
    • Located in the desirable Indian Summit subdivision.
    • Enjoy 842' +/\- of road frontage.
    • Wooded lot with STUNNING mountain views.
    • Includes existing foundation and well.
    • Potential to build a custom home.

    Overview

    This 7.7-acre residential lot is part of the Indian Summit 9-lot subdivision. The wooded lot features mountain views and includes a foundation and a well. It has approximately 842 feet of road frontage. A structural engineer should evaluate the status of the existing foundation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bolton Landing
    County
    Warren
    State
    New York
    Longitude
    -73.6653
    Latitude
    43.6142

    Nearby Similar for Sale

    • $99,900

      Residential Land in Bolton Landing

      Private 0.33-acre parcel in desirable Woodshire Estates.
      27 Horicon Valley Lane, Bolton Landing, NY 12814
      View Details
    • $69,900

      Unspoiled Land in Adirondack Park

      Raw Adirondack parcel with deeded access, ideal for outdoor retreat.
      L20 New Vermont Road, Bolton, NY 12814
      View Details
    • $99,900

      Land in Bolton Landing, NY

      1.31 acre land parcel in Bolton Landing, NY.
      L5.322 S Trout Lake Road, Bolton Landing, NY 12814
      View Details
    • $549,000
      630 SF

      Bolton Landing Retail/Office Space

      Retail/office space in Bolton Landing with finished basement.
      2 Karl's Corner Drive, Bolton Landing, NY 12814
      View Details
    • $250,000

      Land in Diamond Ridge Association

      4.98-acre lot near Lake George with beach access.
      9 Diamond RIdge Road, Bolton Landing, NY 12814
      View Details
    • $69,900

      Raw Adirondack Land Parcel

      Unspoiled land within the Adirondack Park, ideal for retreat.
      L20 New Vermont Road, Bolton, NY 12814
      View Details
    • $1,050,000

      Bolton Landing Commercial Property For Sale

      Rare commercial property on Lake Shore Drive in Bolton Landing.
      4921 Lake Shore Drive, Bolton Landing, NY 12814
      View Details
    • $147,000

      Recreational Land Near Lake George

      11.5-acre lot for camping near Bolton Landing and Lake George.
      L33 Sawmill Road, Bolton, NY 12814
      View Details
    • $585,000
      630 SF

      Bolton Retail/Office Commercial Space

      Retail/office space in Bolton Landing with finished basement.
      2 Karl's Korner Dr, Bolton, NY 12814
      View Details
    • $1,050,000

      Lake Shore Drive Commercial Property

      Commercial property on Lake Shore Drive in Bolton Landing.
      4921 Lake Shore Drive, Bolton, NY 12814
      View Details
    • $89,900

      Bolton Landing Wooded Land Parcel

      3+ acre wooded land parcel near Bolton Landing, NY.
      L828 HENDRICKS Road, Bolton Landing, NY 12814
      View Details
    • $89,900

      Bolton Landing Mixed-Use Land

      3.2-acre lot zoned for residential and industrial uses.
      L8.28 Hendricks Road, Bolton Landing, NY 12814
      View Details

    FAQs

    What type of property is this?
    Land - 7.7 acre wooded lot with foundation and well.
    Where is this land located?
    The property is located at 90 Indian Summit Drive Bolton Landing, NY.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Large 7.7‑acre lot in a subdivision, offering ample space and privacy.; Located in the desirable Indian Summit subdivision.; Enjoy 842' +/\- of road frontage.
    (518) 644-2243
    We can help!
    Listing Contact
    LINDA L GATEWOOD
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    90 Indian Summit Drive, Bolton, NY 12814
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!